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Showing 841 - 850 of 18894 results for "Act"

Uniting Financial Services appoints chief executive

ANGELIQUE MINAS  |  MONDAY, 10 NOV 2025
Uniting Financial Services (UFS) has appointed Ross Smith to the position of chief executive. He assumes the role from acting chief executive John McComb, who will continue as chief risk officer. Smith brings a wealth of experience in financial services ...

HESTA, Vision Super divest Israeli securities

KARREN VERGARA  |  FRIDAY, 7 NOV 2025
... senior lecture of law at the University of New Zealand, confirmed with a government representative via an Official Information Act request that the NZSF continues to invest in such securities and has no plans to talk about or think about divesting. "There ...

Hume's super sharing bill lashed in parliament

ELIZA BAVIN  |  FRIDAY, 7 NOV 2025
Senator Jane Hume's Superannuation Legislation Amendment (Tackling the Gender Super Gap) Bill 2025 sparked a wave of backlash during its second reading in the Senate this week. The bill, which seeks to allow spouses to split superannuation annually ...

ASIC cracks down on adviser CPD failures

ELIZA BAVIN  |  FRIDAY, 7 NOV 2025
... tick off", but that it is important to maintain competency and improve knowledge and skills. ASIC said it will continue to act where financial advisers fail to comply with, or disregard their CPD requirements, including issuing a warning or reprimand ...

Key roles vacant as NZ Super prepares for growth

ELIZABETH FRY  |  THURSDAY, 6 NOV 2025
New Zealand's $86 billion sovereign wealth fund is filling several critical investment roles as it gears up for explosive growth that will see its assets double within a decade. NZ Super, led by former Funds SA chief executive Jo Townsend (pictured) ...

HESTA pays $40k fine for greenwashing

ELIZA BAVIN  |  THURSDAY, 6 NOV 2025
... proceeding in the Supreme Court of NSW against Fiducian Investment Management last month. ASIC is alleging Fiducian failed to act with care and diligence as the responsible entity of the Diversified Social Aspirations Fund in relation to its description ...

Majority of SMSF establishments based on bad advice: ASIC

KARREN VERGARA  |  THURSDAY, 6 NOV 2025
... recommendations to set up an SMSF. Only 38 files demonstrated compliance with the longstanding obligation for advisers to act in clients' best interests. For clients that were given improper advice, ASIC concluded that advisers were not basing all judgements ...

Member engagement lies in rewards, gamification: Whitepaper

KARREN VERGARA  |  THURSDAY, 6 NOV 2025
Superannuation funds should be more innovative in boosting member engagement by offering tangible rewards and benefits that can lead to meaningful, repeatable interactions, according to a new whitepaper. The paper published by ASX-listed customer engagement ...

ASIC considers 'cooling off period' for super switching

ELIZA BAVIN  |  THURSDAY, 6 NOV 2025
ASIC chair Joe Longo has said introducing "frictions" into the super switching process could help avoid a repeat of the First Guardian and Shield "catastrophe". "No one wants to preside over a problem like this if there are some potential solutions. ...

Colonial First State, AIA agree $140m class action settlement

JAMIE WILLIAMSON  |  WEDNESDAY, 5 NOV 2025
Colonial First State and AIA Australia will pay a combined $140 million to settle a class action lawsuit brought by hundreds of thousands of super fund members who paid excessive insurance fees. The class action was launched by Shine Lawyers in January ...